KEYNESIAN THEORY OF INCOME AND EMPLOYMENT
| Institution | MASENO UNIVERSITY |
| Course | BACHELOR OF ECONOMIC... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Brian Mike |
| File Type | |
| Pages | 7 Pages |
| File Size | 206.18 KB |
| Views | 7236 |
| Downloads | 0 |
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Description
The fundamental point of the Keynesian theory of income and employment is that employment is a function of income; the greater the level of national income, the greater the volume of employment and vice versa.
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